Is Miami, FL 33182 a buyer’s or seller’s market?
Miami is a seller’s market. With about 2.8 months of supply and 8% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
More competitive than 20% of U.S. ZIP codes, and #264 of 796 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Miami housing market right now
In the three months ending August 31, 2026, 8% of homes in Miami, FL 33182 sold above their list price, the typical home went under contract in 62 days and there were 2.8 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 25 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 0%, homes sold faster (73 days then) and the median sale price rose 12% to $707,194. Overall, Miami is more competitive than a year ago, so tougher for buyers.
Within Miami-Dade County, homes here sell faster than in 84% of the county’s ZIP codes, and sell more often over asking than in 50%. On our competition score, Miami ranks #264 of 796 FL ZIP codes with enough sales (score 25 out of 100).
Nearby, buyers who want less competition could look at Miami 33136 (0% sold over asking) or Miami 33128 (0% sold over asking), while Miami 33184 (26% sold over asking) and Opa Locka 33055 (24% sold over asking) are even more competitive.
Run the numbers for 33182
Nearby markets
Hialeah 33010Balanced $306 /sq ftHialeah 33012Buyer’s market $336 /sq ftHialeah 33013Balanced $345 /sq ftHialeah 33014Balanced $327 /sq ft Browse all markets →Towns like Miami nearby
Find towns like Miami in other states →Where Miami is
Loading map…
Questions about Miami real estate
Is Miami a buyer’s or seller’s market?
A seller’s market: there were 2.8 months of supply in Miami, FL 33182 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Miami?
The typical home went under contract in 62 days in the latest three months.
Do homes in Miami sell over asking?
8% of homes sold above their original list price, and the typical sale closed at 96.3% of the list price.
What are property taxes in Miami?
About 0.81% of a home’s value a year in Miami-Dade County, or roughly $3,240 on a $400,000 home.
What is the median home price in Miami?
The median sale price was $707,194 in the three months ending August 31, 2026, about $384 per square foot.
Local agents
See all agents in 33182 →No sponsored agents in 33182 yet. Are you an agent here? Put your name in front of local buyers.
More tools for 33182
Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology